Join us for Episode 65 of Pocket Change where our hosts dive into their favorite segment, Pick or Pass. They discuss their different sourcing strategies and store plans, including one aiming for a 'Walmart' approach with 5,000 items and another targeting high turnover with 620 items. They walk through live examples of evaluating auction items online, including a detailed look at a 1969 Michael Garman cowboy sculpture and Ray-Ban sunglasses, discussing the importance of sell-through rates and pricing strategies. They also share personal stories and drive home the importance of yard sales for sourcing valuable items in reselling. Whether you're a volume seller or focused on high turnover, you'll find valuable insights in this episode!

00:00 Introduction and Episode Overview

00:26 Sourcing Strategies and Store Plans

00:55 Discussing Retail Competitors

01:56 Picker Pass: Concept and Execution

03:20 Live Bidding on Goodwill

03:54 Evaluating the Cowboy Sculpture

10:14 Ben's Baseball Mugs

13:26 Comparing Sourcing Approaches

16:09 Evaluating Christmas Ornaments for Resale

18:32 Ray-Ban Sunglasses: A Reseller's Goldmine

24:02 The Importance of Yard Sales

28:06 Strategies for Successful Reselling

30:18 Bidding Tips and Final Thoughts